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🎮 This round focuses on: Yooldo Games (ESPORTS)
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🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
HOT DEVELOPMENT: BlackRock, Managing 10 Trillion Dollars, Met with the SEC and Held a Meeting on Cryptocurrencies! Here are the Details of the Meeting
One of the world's largest asset management companies, BlackRock, held an important meeting with the US Securities and Exchange Commission on May 9 regarding the (SEC) Crypto Task Force.
In the meeting, topics such as staking applications, tokenization of securities, approval standards for crypto exchange-traded funds (ETF), and the definition of options trading for these ETFs were discussed.
BlackRock, which requested a meeting, presented to SEC officials and introduced its digital asset product portfolio. The company's IBIT (Bitcoin ETF), ETHA (Ethereum ETF), and BlackRock USD Institutional Digital Liquidity Fund (BUIDL) products were evaluated in light of market developments.
BlackRock also shared its views on the role of staking within the regulatory framework and how staking-enabled ETPs (Exchange-Traded Products) can be developed. In addition, regulatory expectations and potential steps regarding the tokenization of securities were also discussed.
Another focus of the meeting was the criteria necessary for the approval of crypto ETPs. BlackRock engaged in discussions with the SEC about how to meet the eligibility requirements under the Securities Exchange Act's 6(b) provision and the establishment of a temporary regulatory framework.
Finally, option trading for crypto ETPs has been put on the table. Technical details such as position limits, usage thresholds, and liquidity thresholds of the underlying assets were evaluated.